Johnson & Johnson to pay $9Bn to settle baby talcum powder lawsuits
  Author: Pankaj Singh

Johnson & Johnson, the US-based pharmaceutical and consumer packaged goods company, has reportedly proposed to pay nearly $9 billion to settle tens of thousands of claims in North America alleging that its baby pow...

Read More >>
EV maker Lucid to slash 1300 jobs for restructuring in a bid to reduce costs
  Author: Pankaj Singh

Lucid, the well-known U.S.-based electric car manufacturer, has reportedly planned to slash around 1300 jobs, nearly 18% of its workforce as a part of a broader restructuring process to cut costs as it works on increas...

Read More >>
Singapore’s Kredivo Holdings first to raise $270M since U.S. bank’s fall
  Author: Pankaj Singh

Kredivo Holdings, a fintech company based in Singapore, has reportedly overcome a downturn in the economy that has rendered it hard for several start-ups to acquire additional funds by raising nearly US$270 million in ...

Read More >>
OpenAI releases ChatGPT’s advanced version GPT-4, a multimodal model
  Author: Pankaj Singh

The popular AI (artificial intelligence) research lab, OpenAI has reportedly unveiled GPT-4, the latest edition of the remarkable AI system that runs ChatGPT. Apparently, the lab claims it to be more innovative, less p...

Read More >>
Heathrow to lower passenger charges to feed through to the ticket prices
  Author: Mateen Dalal

Heathrow Airport, the U.K.’s leading international airport, has reportedly been advised to reduce passenger costs for airlines next year, as they would have an impact on ticket pricing. ...

Read More >>
Stocks of luxury fashion houses raise in response to China’s reopening
  Author: Mateen Dalal

Luxury fashion houses dependent on Chinese customers reportedly saw a hike in stocks as China reopens, however, those clients may not necessarily be purchasing the goods elsewhere. ...

Read More >>
Microsoft plans to layoff thousands of staff across multiple divisions
  Author: Pankaj Singh

Microsoft, one of the leading American technology companies, has reportedly announced to layoff thousands of employees in divisions including engineering and human resources, as per media reports. ...

Read More >>
Apple and Tesla stocks plummet over supply chain issues in China
  Author: Pankaj Singh

American tech giant Apple and automotive company Tesla stocks have reportedly slumped due to increasing concerns regarding production delays in China. Apple's stock fell to it...

Read More >>
Air Senegal picks RateGain's Airgain to expand in the African market
  Author: Pankaj Singh

RateGain Travel Technologies Ltd., the SaaS solutions provider for travel and hospitality has reportedly announced that the nationwide carrier of the Republic of Senegal, Air Senegal, has reportedly chosen RateGain'...

Read More >>
Arada starts $544m project in Dubai, aims to grow in Saudi & Australia
  Author: Pankaj Singh

UAE property developer Arada has launched a $544 million (Dh2 billion) project in Dubai as it cashes in on strong demand and seeks to grow in other markets like Saudi Arabia and Australia. ...

Read More >>
YES WORLD transforming payments ecosystem, now accepted in Dubai
  Author: Pankaj Singh

Many businesses can now use YES WORLD Token at several retail locations and business centers in Dubai, according to sources close to the development. Some of the prominent locations where this asset-based utility token i...

Read More >>
DIEZ Authority increases the network of internal roads in DSO
  Author: Pankaj Singh

The Dubai Integrated Economic Zones Authority, also known as DIEZ, has declared the completion of a project to create an internal roadways network system in the Dubai Silicon Oasis or DSO and connect it to some of the ...

Read More >>
Daktela dives into Artificial Intelligence with Coworkers.ai buyout
  Author: Pankaj Singh

Daktela, a leading global technology firm that offers its own software for internal communication, customer experience management, and communication between organizations and their consumers, purchased a majority stake...

Read More >>
Sensorium registers new branch in UAE to expand global presence
  Author: Mateen Dalal

Sensorium, developer of the Sensorium Galaxy metaverse, has registered its new branch in the United Arab Emirates (UAE) as Dubai gradually becomes a global hub for metaverse companies. ...

Read More >>
Saepio, Echoworx partner to deliver Next-Gen security solutions
  Author: Mateen Dalal

Saepio Information Security, a market leader in statement encryption and cloud-based email, has reportedly announced its collaboration with Echoworx to offer next-generation safe delivery of sensitive and secret i...

Read More >>
Hamilton Lane widens Southeast Asia footprint, expands into Singapore
  Author: Pankaj Singh

Renowned private markets fund management company, Hamilton Lane, has reportedly announced that it has increased its presence across Singapore by appointing Kerrine Koh to lead the company’s office in the reg...

Read More >>
Ather Energy raises $250 million to stay ahead in competition
  Author: Mateen Dalal

Electric scooter producer Ather Energy has reportedly secured $250 million in a new funding round. As per reports, the investment round is in its early stages. The company’s...

Read More >>
Syniti partners with TD SYNNEX to facilitate robust data solutions
  Author: Pankaj Singh

Syniti, a global data management enterprise, has reportedly announced joining forces with IT solution aggregator TD SYNNEX, a product of the merger of Synnex Corporation and Tech Data Corporation. ...

Read More >>
Digital wellness startup Mojorcare bags USD 20 Mn in Series A funding
  Author: Mateen Dalal

Mojocare, a wellness and health startup has reportedly raised USD 20.6 million in a Series A round of funding which was led by B Capital Group and saw participation from existing investors including Sequoia India&rsquo...

Read More >>
Exponent Energy bags USD 13 million in Lightspeed-led Series A funding
  Author: Mateen Dalal

Bangalore-based Exponent Energy has reportedly secured USD 13 million in a Series A funding round which was spearheaded by Lightspeed Venture Partners. The round also saw participation from existing investors such as 3...

Read More >>
Al Baraka Bank, VYZYO to jointly debut mobile wallet service in Tunisia
  Author: Pankaj Singh

VYZYO, a mobile financial services tech company, has announced that its subsidiary firm TDFP (Tunisian Digital Finance for People) has recently entered into a joint venture agreement with one of the most recognized ban...

Read More >>
Kia, Hyundai Motors ink joint research agreement for mobility solutions
  Author: Pankaj Singh

Renowned automotive manufacturers, Kia and Hyundai Motors, have reportedly signed a mutual research agreement with 6 Korea based research institutes and have formed a consultative body to manufacture mobility solutions...

Read More >>
UAE, Egypt & Jordan ink industrial pact to boost private sector growth
  Author: Pankaj Singh

Aiming to strengthen the private sector, three nations namely the UAE, Egypt, and Jordan have announced an industrial partnership, announced Prime Minister of Egypt, Mostafa Madbouly. ...

Read More >>
TotalEnergies collaborates with Automovill as its exclusive lubricant partner
  Author: Pankaj Singh

Automovill, a leading full-stack mobility start-up, has declared an alliance with TotalEnergies Marketing India Pvt Ltd, as its exclusive lubricant partner. This partnership will make use of TotalEnergies lubricants in o...

Read More >>
Chubb and Royal Brunei partner to offer travel insurance to passengers
  Author: Mateen Dalal

Royal Brunei Airlines (RB) and Chubb have reportedly partnered to provide travel insurance to the passengers of the airline. The collaboration has been unveiled in Brunei with mor...

Read More >>
Leading biz players combine R&D efforts to achieve net-zero ambitions
  Author: Pankaj Singh

Amidst burgeoning climate change and growing carbon footprint concerns, several initiatives spearheaded by major players worldwide are in play. Recently, innovation leaders from seven globally leading companies have te...

Read More >>
Posadas selects RateGain to strengthen recovery in Latin America
  Author: Pankaj Singh

RateGain Travel Technologies Limited (RateGain), an international SaaS organization, powering the travel and hospitality industry with real-time intelligence, has recently announced that Posadas has   shortli...

Read More >>
Coforge, Estes Express Lines to offer next-gen solutions to T&L sector
  Author: Mateen Dalal

Coforge, an Indian multinational information technology company, is reportedly planning to collaborate with Estes Express Lines, a privately owned American freight transportation provider to offer agile, next-generatio...

Read More >>
CCI authorizes Air India's proposed acquisition of AirAsia India
  Author: Mateen Dalal

The Competition Commission of India (CCI) has recently stated that it has given nod to the purchase of AirAsia India Ltd.’s complete shareholding by Air India Ltd. According...

Read More >>
TCS, Infosys, L&T’s IT stocks tanked, wiping $10Bn of tech wealth
  Author: Pankaj Singh

All IT stocks of Indian tech giants like TCS, Infosys, L&T have recently tanked, wiping out investors’ wealth of around ₹80,000 crores ($10 billion) among a handful of IT stocks. This drop in the Nifty ...

Read More >>
UAE’s Trucare buys licenses for Call of Duty, Popeye and more
  Author: Pankaj Singh

Trucare, one of the leading licensed product distributors of the world's finest brands in the Middle East region, has recently announced that it has acquired licenses for use of Call o...

Read More >>
Buick plans to rebrand as an electric-only automaker in a decade
  Author: Mateen Dalal

Buick, a division of the American automobile manufacturer General Motors, has announced key changes meant to highlight its shift to electric vehicles. The company will be releasin...

Read More >>
Appetito acquires Lamma to expand operations in Maghreb & West Africa
  Author: Pankaj Singh

Appetito, an Egyptian grocery delivery startup, is reportedly acquiring Tunisia's q-commerce platform Lamma with an aim to extend its operations in Tunisia, Morocco, and West Africa and become Africa's major e-...

Read More >>
Vyapar and FinBox join forces to offer credit to 900,000 MSMEs
  Author: Pankaj Singh

Vyapar, a GST billing software that empowers buyers, sellers, merchants, and retailers to raise invoices, has reportedly collaborated with FinBox to offer credit to approximately 900,000 businesses using this platform ...

Read More >>
B2B startup Cartona allies with Unilever to expand services in Egypt
  Author: Mateen Dalal

Cartona, one of the fastest-growing B2B e-commerce marketplaces, is reportedly collaborating with Unilever, a British multinational consumer goods company, to help add more offerings to retailers, distributors, and sup...

Read More >>
Watercycle Technologies bags investments for lithium extraction process
  Author: Pankaj Singh

Watercycle Technologies, a sustainability-driven water treatment and resource recycling company, has reportedly acquired initial funding for an advanced technology that uses graphene-based systems for extracting lithiu...

Read More >>
Fintech firm Nakad bags $7 million in latest seed funding round
  Author: Pankaj Singh

Nakad, a provider of supply-chain financing, has successfully raised $7 million in a seed funding round, co-headed by Matrix Partners India and Accel. AdvantEdge Founders and seve...

Read More >>
Meter nabs $38Mn to scale business & support faster enterprise internet
  Author: Mateen Dalal

Meter, Inc., an internet & Wi-Fi infrastructure provider for businesses, has recently announced that it has successfully raised $38 million in a Series B funding round that was headed by Lachy Groom and Sequoia Cap...

Read More >>
Merck to create 370 new jobs following $470 Million investment in Cork
  Author: Pankaj Singh

Merck, a German multinational science and technology company, is planning an investment of around €440 million ($470 million) for expanding its facilities based in Cork and will be creating more than 370 novel job...

Read More >>
MakeMyTrip teams up with banks to offer ‘Book Now Pay Later’ option
  Author: Mateen Dalal

The BNPL (book now pay later) payment has been introduced on MakeMyTrip on bookings for flights, travel, or hotels as well as on the Goibibo app MakeMyTrip, the o...

Read More >>
Larsen & Toubro Infotech extends partnership with Google Cloud
  Author: Pankaj Singh

Larsen & Toubro Infotech (LTI), an Indian information technology services conglomerate, has expanded its partnership with Google Cloud. According to sources, LTI is planning to build a dedicated unit of business fo...

Read More >>
Escorts amps CAPEX to $51Mn for FY23; expects high e-tractors exports
  Author: Pankaj Singh

Escorts Ltd., an Indian engineering company that operates in the sectors of agricultural machinery, construction machinery, and railway equipment, has reportedly arranged CAPEX of around Rs 400 crore (USD 51 Million) f...

Read More >>
Adani nabs major stake in Holcim’s India business for $10.5 billion
  Author: Pankaj Singh

Adani plans to leverage the acquisition and extend into the space of new energy, data centers, airports, digital services, and retail Indian multinational conglom...

Read More >>
BlackBerry collabs with Midis Group to expand Cybersecurity biz growth
  Author: Mateen Dalal

BlackBerry Limited, a Canada-based software company focused on cybersecurity, has recently entered into a partnership with Midis Group, a leading technology company offering advanced hardware and software solutions, to...

Read More >>
proteanTecs nabs $45Mn funding from Addition to expand market reach
  Author: Pankaj Singh

proteanTecs, a cloud-based platform offering deep data analytics for electronics performance monitoring, has recently closed a $45 million financing round with Addition, an innovative talent management company providin...

Read More >>
China’s Geely Auto to acquire share capital of Renault Korea Motors
  Author: Mateen Dalal

Geely Auto, the largest automotive group in China, has signed up a joint venture agreement and a share subscription agreement with Renault Group which comes after the two parties signed a framework agreement in January...

Read More >>
Liqid bags funding from DigitalBridge Ventures & Blackwells Capital
  Author: Pankaj Singh

Liqid, the leading provider of composable infrastructure software platform, has recently announced that it has received strategic follow-on funding from the venture capital division of DigitalBridge Group Inc. – ...

Read More >>
Softpay.io and Amadis collaborate over new Tap-to-Pay service
  Author: Pankaj Singh

Amadis, the leading provider of innovative solutions for the electronic payment industry, has recently stated that it is collaborating with digital services firm Softpay.io to offer its pre-certified Kernels and Univer...

Read More >>
Onuu partners with leading firms to offer 166Mn Americans fiscal security
  Author: Pankaj Singh

Onuu, a personalized banking solution with access to life insurance, credit, and savings services, has recently announced that it is entering into its first round of partnerships with some of the most trailblazing and ...

Read More >>
Whatfix announces takeover of Leap.is to extend mobile capabilities
  Author: Pankaj Singh

Whatfix, a SaaS-based platform that offers in-app guidance & performance support for web applications and software products, has recently announced that it is acquiring mobile-first onboarding and assistance platfo...

Read More >>
Ashok Leyland allies with Mahindra over used commercial vehicle unit
  Author: Mateen Dalal

Ashok Leyland, an Indian automotive manufacturer, has recently announced that it has signed a deal with Mahindra First Choice Wheels Ltd. (MFCWL) for unveiling a hybrid ecosystem for its used commercial vehicle unit....

Read More >>
Salsify valuation reaches $2 billion after $200Mn TPG-led investment
  Author: Pankaj Singh

The digital commerce platform aims for global expansion as the go-to commerce experience management platform Salisfy, a Commerce Experience Management (CommerceXM)...

Read More >>
Ultrahuman takes over consumer-focused wearable company LazyCo
  Author: Mateen Dalal

Ultrahuman, one of the leading advanced metabolic fitness platforms, has recently announced that it has successfully acquired LazyCo, a consumer-focused wearable company recognized for creating the Aina Ring wearable....

Read More >>
Hyundai logistic arm inks long-term LNG deal with Australia’s Woodside
  Author: Pankaj Singh

Hyundai Glovis has signed 10-year LNG transport contract with Australian petroleum company Woodside The South Korean company has released roadmap f...

Read More >>
Crypto exchange Coinbase ceases UPI payments following India launch
  Author: Mateen Dalal

Just after a few days of announcing its launch in India with many ordeals, the global crypto exchange platform, Coinbase has reportedly halted payments through UPI (united payments interface) on its app. ...

Read More >>
GM predicts Chevy Bolt EV sales to pick up despite fire recalls
  Author: Mateen Dalal

American automotive giant, General Motor (GM) has recently claimed that its electric Chevrolet Bolt model sales will increase regardless of a high-profile recall as several vehicles caught fire. ...

Read More >>
Sempra, KOGAS inks MOU to support low-carbon energy transition
  Author: Mateen Dalal

Sempra Infrastructure, a subsidiary of Sempra, which focuses on enabling the energy transition, and Korea Gas Corporation (KOGAS) has signed an MOU (memorandum of understanding) for considering ways to transition ...

Read More >>
Microsoft unveils 'Startups Founders Hub' to support entrepreneurs
  Author: Mateen Dalal

Announcing the initiative at a virtual briefing, Microsoft said that the platform offers massive benefits and credits to startups Startups will be ...

Read More >>
Vivriti Capital raises $55Mn from Creation Investments & Lightrock India
  Author: Pankaj Singh

Vivriti Capital, a marketplace for mid-market enterprises, has reportedly secured around $55 million in its Series C funding round, taking the total funds fundraised till today to $165 million, as per the company. ...

Read More >>
Apple to launch subscription service for iPhones and other hardware
  Author: Mateen Dalal

The tech giant eyes for a future where device ownership is equivalent to paying a monthly app fee American technology company, Apple is reportedly pursuing a subscr...

Read More >>
IT giant Accenture reports strong results in second-quarter for FY22
  Author: Pankaj Singh

Accenture, the Dublin-based IT consulting firm, has announced its second-quarter results for the fiscal year 2022, wherein it reported revenue income of around $15 billion, recording a growth of 24% year-on-year in ter...

Read More >>
APAC channel partners pick Blackberry Jarvis to protect IoT software
  Author: Pankaj Singh

BlackBerry Limited has recently announced that 13 channel partners which will be offering BlackBerry® Jarvis® 2.0 to organizations that create safe, mission-critical systems in APAC. ...

Read More >>
Web3 game Delysium raises $4Mn in first private sale round
  Author: Mateen Dalal

Delysium, the AAA blockchain game – first of its kind in the world – has nabbed $4 million in its first round of private sale led by Republic Crypto, Alameda Research, and Galaxy Interactive. ...

Read More >>
BaaS platform mintBlue completes €2 million seed funding round
  Author: Mateen Dalal

mintBlue, the provider of BaaS (Blockchain-as-a-service) platform, has secured €2 million (USD 2.2 million) in a financing round headed by investment firm Two Hop Ventures, with participation from Dutch angel investors and Ayre Ventures. ...

Read More >>
Ather Energy & Foxconn to address surging demand for electric scooters
  Author: Mateen Dalal

The electric scooter brand will ramp up annual production of 120,000 to 400,000 units Ather Energy, Bengaluru-based electric scooter manufacturer, has reportedly an...

Read More >>
Israeli cybersecurity firm Cider Security raises $38 million in funding
  Author: Pankaj Singh

Cider Security, a startup that helps firms protect their systems during software development, has reportedly secured $38 million in a Series A investment funding round headed by Tiger Global. ...

Read More >>
Airtel to launch one-of-a-kind credit card in Indian cities and towns
  Author: Pankaj Singh

The Google-backed Indian telecom operator has partnered with third-largest private bank in India – Axis Bank Indian telecommunication services company, Airtel...

Read More >>
Urban Company’s service partners to win stocks up to $19.8Mn
  Author: Pankaj Singh

The company’s partner stock ownership plan (PSOP) will benefit service partners over the next 5-7 years at zero cost The first bit of the tot...

Read More >>
Verisk acquires Opta, provider of property intelligence & technology
  Author: Mateen Dalal

Verisk, an American multinational data analytics and risk assessment firm, has recently announced that it has acquired Opta, a Canada-based leading provider of property intelligence and innovative technology solutions....

Read More >>
ev.energy widens its Series A funding round to $12.8 million
  Author: Pankaj Singh

ev.energy, a platform that makes EV charging more affordable, has reportedly stretched its Series A round of financing headed by ArcTern Ventures to $12.8 million. For tho...

Read More >>
Event trading startup Probo to close $25 million deal in coming weeks
  Author: Pankaj Singh

The Series A round will render Probo a valuation at around $100 to $120 million Event trading startup, Probo is approaching a total fund of $25 million in Series A ...

Read More >>
Cann enters Canada’s Cannabis beverage market with $27 million funding
  Author: Mateen Dalal

Changing consumer interest and rising inclination towards THC-infused food and beverage products for their therapeutic properties has led to a spree of experimentation by manufacturers developing innovative drinks and ...

Read More >>
RIL inks $6.6Mn deal with EV tech and solutions company Altigreen
  Author: Mateen Dalal

Reliance New Energy Limited (RNEL), a wholly owned subsidiary of Reliance Industry Ltd (RIL), has recently announced investment worth $6.6 million in Altigreen Propulsion Labs Private Limited, also known as Altigreen....

Read More >>
Ferrari and Qualcomm partner to augment digital transformation
  Author: Pankaj Singh

Qualcomm and its partners will be collaborating with the sports car maker to develop, design, and integrate digital cockpits of Ferraris Ferrari, an Italian luxury ...

Read More >>
Crypto.com & fintech leader Worldpay from FIS to expand globally
  Author: Mateen Dalal

The crypto platform will integrate Worldpay from FIS’ merchant services for card-based purchase & crypto sale Crypto.com, one of the fastest growing crypt...

Read More >>
Krafton invests $5.4 million in Indian game studio, Nautilus Mobile
  Author: Pankaj Singh

South Korean gaming company, Krafton – the owner of popular games such as PUBG (PlayerUnknown’s Battlegrounds) or its Indian version dubbed BGMI (Battlegrounds Mobile India) – has invested in JetSynth...

Read More >>
India’s govt-owned fund NIIF buys FirstCry stock worth $100 million
  Author: Pankaj Singh

The National Investment and Infrastructure Fund (NIIF), a sovereign wealth fund in India, led a secondary funding round worth $240 million in ecommerce firm FirstCry with purchase of $100 million in its stocks, wagerin...

Read More >>
PayPal records lower than estimated revenue growth in Q4 2021
  Author: Mateen Dalal

American financial technology company, PayPal Holdings Inc. plummeted after consistent decline in spending observed by the platform during fourth quarter, after a fast-paced shift of consumer interests to in-store shop...

Read More >>
Bahrain’s Investcorp sells UK industrial assets in a $145Mn deal
  Author: Pankaj Singh

Investcorp, a leading provider and manager of alternative investment products, has reportedly completed the sale of a portfolio of 10 logistics and industrial assets in the UK for separating buyers as it wants to cash ...

Read More >>
Simple Energy & Siemens to boost digital shift in India’s EV market
  Author: Vikas M

Indian electric vehicle maker, Simple Energy is collaborating with global technology leader, Siemens with the aim of accelerating digital transformation in the field of electric vehicles (EVs) in India. ...

Read More >>
Zafin buys FINCAD to expand its product range & analytics capabilities
  Author: Mateen Dalal

Zafin, a banking software enterprise platform company, has recently announced that it has acquired FINCAD, the top provider of enterprise portfolio and risk analytics for fixed income and multi-asset derivatives. ...

Read More >>
Taco Bell to introduce its first-ever business school for employees
  Author: Mateen Dalal

The fast-food chain has collaborated with the University of Louisville for starting this project Taco Bell, a US-based chain of fast-food restaurants, is reportedly...

Read More >>
Jubilant Foodworks unveils first chain of Popeyes in Bengaluru, India
  Author: Mateen Dalal

Jubilant Foodworks Ltd, an Indian food service company, has recently announced unveiling the iconic United States’ Fried Chicken brand-Popeyes in India by inaugurating its first store in Bengaluru, India. ...

Read More >>
STG announces launch of Trellix; aims for technological innovation
  Author: Pankaj Singh

Symphony Technology Group (STG), an American private equity firm, has recently announced the launch of Trellix. This innovative business will be bringing prolonged XDR (detection and response) to firms while focusing o...

Read More >>
Affinity to trade Burger King business in Japan & South Korea for $1Bn
  Author: Mateen Dalal

Affinity Equity Partners, one of the largest dedicated Asian private equity firms, is reportedly planning to sell off its Burger King fast-food businesses in Japan and South Korea, in a deal that can offer more than $1...

Read More >>
Chingari secures $15 million funding to strengthen the technological space
  Author: Pankaj Singh

Chingari, a video-sharing mobile application, has reportedly raised $15 million in a recent funding round headed by Republic Capital. JPIN Venture Catalysts, Onmobile, and Hill Harb...

Read More >>
Telenor to sell stake in Myanmar's Wave Money for $53 Mn to Yoma
  Author: Mateen Dalal

Telenor Group, an international provider of tele, data and media communication services, has reportedly agreed to sell its 51% stake in Myanmar's Wave Money, a provider of digital payment service, for $53 million t...

Read More >>
Bank of America unveils new drive-thru ATM; shuts another in Bethlehem
  Author: Mateen Dalal

According to Andy Aldridge, Bank of America Spokesperson, the financial institutiThe Bank of America Corporation, an American multinational investment bank and financial services, has now opened up a new place for clie...

Read More >>
Anjac to acquire Apollo; aims to boost presence in North America
  Author: Pankaj Singh

Post the acquisition of Cosmetix West in 2019, the potential move is likely to strengthen the presence of Anjac in the North American continent France's Anjac H...

Read More >>
IPICOL, GAIL ink MoU for developing clean energy projects in Odisha
  Author: Mateen Dalal

IPICOL (Industrial Promotion & Investment Corporation of Odisha) and GAIL (India) Limited have recently entered into an MoU for cooperation in the fields of green hydrogen, green ammonia and renewable energy (solar...

Read More >>
B2B manufacturing startup Groyyo secures $4.6 Mn led by Alpha Wave Incubation
  Author: Pankaj Singh

Groyyo, a B2B manufacturing & automation startup headquartered in Mumbai, India, has recently announced that it has secured $4.6 million in a seed funding round. The funding rou...

Read More >>
Australia’s most controversial mine nabs its first order for coal cargo
  Author: Pankaj Singh

Gautam Adani, Chairman of India’s Adani Group, has recently announced that their company will initiate first shipment of coal cargo from its controversial mine in Australia after ending constant scrutiny led by c...

Read More >>
Grocery delivery startup Zepto raises $100Mn in latest funding round
  Author: Mateen Dalal

Instant grocery delivery startup, Zepto has reportedly secured $100 million in funding headed by its existing investors Continuity Fund. As per sources, the firm will leverage the f...

Read More >>
OfBusiness hits $5Bn valuation, secures $325Mn in latest funding
  Author: Pankaj Singh

OfBusiness, a new-age commerce and fintech startup in India, has reportedly secured its 4th financing round this year and is currently valued at about $5 billion. The startup’...

Read More >>
Byju's to go public through a SPAC deal; aims $48 billion valuation
  Author: Vikas M

Indian edtech company, Byju's is reportedly involved in advance talks for going public via a merger with one of Churchill Capital's special-purpose acquisition companies. So...

Read More >>
BlackBoiler, Sandline to deliver legal tech solutions to EU clients
  Author: Mateen Dalal

BlackBoiler, a legal technology company, has recently announced its partnership with eDiscovery service provider Sandline Global to extend delivery of innovative legal tech solutions to European clients, providing them...

Read More >>
Accellix to expand infrastructure with latest $10Mn investment
  Author: Pankaj Singh

Israel-based biotechnology company, Accellix has announced that it has roped in a $10 million investment from BroadOak Capital Partners which will be used to strengthen its commercial resources and infrastructure devel...

Read More >>
Ultraviolette Automotive nabs fresh funds from TVS Motor Company
  Author: Mateen Dalal

Indian automotive company, TVS Motor Company has recently made a new investment in Bengaluru-based electric bike maker, Ultraviolette Automotive. In a regulatory filing, TVS Motor s...

Read More >>
Siam Piwat launches ONESIAM SuperApp to consolidate retail experience
  Author: Vikas M

Strengthening its position as the thought leader, Siam Piwat Company Limited, one of the leading retail and real estate developers, is reportedly introducing the ONESIAM SuperApp – the World of Astonishing Experi...

Read More >>
MTN announces capital of $1 BN to support Digital Ghana Agenda
  Author: Pankaj Singh

MTN Ghana has reportedly assured to spend an enormous amount of US$1 billion-plus on Network Infrastructure and Information Systems (NIIS) in the coming five years for supporting the Digital Ghana Agenda and place Ghan...

Read More >>
South Korea develops new technology to detect chemical weapon attack
  Author: Mateen Dalal

South Korea’s state-run weapons development agency has recently announced developing its very first home-based technology for the early detection of chemical weapon attacks at long distances. ...

Read More >>
PVR NEST, Deakin University partner to unveil 'You for Youth'
  Author: Pankaj Singh

PVR NEST, the CSR (corporate social responsibility) division of PVR Ltd., and Deakin University, Australia, one of the most advanced international education providers, have cooperatively unveiled 'You for Youth'...

Read More >>
Vulcan Energy, Renault sign battery-grade lithium supply deal
  Author: Pankaj Singh

Australian lithium developer, Vulcan Energy has unveiled its recent partnership with French automaker Renault, SA. The move marks as the second deal over lithium supply between the two parties. ...

Read More >>
CARS24 signs lease for 1 million sq. ft commercial facility in Dubai
  Author: Mateen Dalal

India's leading e-commerce platform for pre-owned vehicles, CARS24 has reportedly rented a commercial facility spanning 1,000,000 sq. ft in Jebel Ali, Dubai. The contract values at over AED 40 million, marking as o...

Read More >>
Cavallo announces merger with e-commerce platform Magento
  Author: Mateen Dalal

Cavallo, an on-premises & cloud solution provider specifically targeting mid-market distributors, has recently announced its integration with Magento, an open-source e-commerce platform that offers omnichannel solu...

Read More >>
L&T, Majesco to accelerate digital transformation for businesses
  Author: Pankaj Singh

Insurance technology solutions provider, Majesco is reportedly collaborating with Larsen & Toubro Infotech (LTI) to help clients accelerate their digital transformation journey, deliver personalized customer experi...

Read More >>
Hexaware collabs with Duck Creek to help insurers expand digitally
  Author: Pankaj Singh

IT service and management firm, Hexaware Technologies has recently announced its collaboration with Duck Creek Technologies, a leading provider of comprehensive P&C insurance software and services for insurers....

Read More >>
Cleanhill partners with CleanJoule over sustainable aviation fuel
  Author: Pankaj Singh

Private equity firm, Cleanhill Partners has joined forces with CleanJoule LLC, the leading producer of sustainable aviation fuels (SAF) under which it will provide CleanJoule with strategic, operational and financial r...

Read More >>
AI-based platform Instoried secures $8Mn in latest funding round
  Author: Mateen Dalal

Instoried, an AI-powdered augmented writing platform that aims at driving content engagement, has secured $8 million in a recent funding round led by 9Unicorns and Pritt Investment Partners, along with participants lik...

Read More >>
Alaska Airlines launches new investment arm to develop mobility tech
  Author: Pankaj Singh

Alaska Airlines, a major American airline, has introduced a new venture capital subdivision called Alaska Star Ventures. The launch comes at a time when the aviation sector is looking to develop technologies that help ...

Read More >>
Google’s business intelligence platform Looker collabs with Tableau
  Author: Mateen Dalal

Google Cloud Platform has recently revealed that its business intelligence platform, Looker has been integrated with Tableau, empowering users of both the platforms to benefit from the different features offered by eac...

Read More >>
HR tech firm Personio ropes in $270 million in latest financing round
  Author: Mateen Dalal

Personio, a HR software provider targeting small and medium sized businesses, has attained a $270 million investment in the wake of high demand for its services. With the latest Ser...

Read More >>
Databricks buys 8080 Labs to boost its low code/no code offerings
  Author: Pankaj Singh

California-based enterprise software company- Databricks has acquired German software startup 8080 Labs that developed bamboolib- a leading GUI for the Python-based Pandas data analysis and manipulation system. ...

Read More >>
Emirates & Qantas announce extended partnership until 2028
  Author: Pankaj Singh

UAE’s airline major, Emirates has extended its codeshare partnership with Qantas, the flag carrier of Australia, by another five years. The agreement was inked at the IATA&rsq...

Read More >>
TikTok shopping to expand with new partnerships and solutions
  Author: Mateen Dalal

Video-sharing platform, TikTok is looking to expand its presence in the e-commerce sector. Recently, the platform announced introducing a slew of new brand partners for TikTok Shopping, including Ecwid, Square, and Pre...

Read More >>
OTO and PURE EV partner to ramp-up adoption of electric two-wheelers
  Author: Vikas M

OTO, a two-wheeler purchasing and financing platform, has reportedly announced a new partnership with EV manufacturer, PURE EV, to help speed the adoption of electric vehicles in India. ...

Read More >>
WardWizard Innovations & Mobility to invest $20Mn in EV business
  Author: Mateen Dalal

Indian electric vehicle manufacturer, WardWizard Innovations and Mobility have expressed plans to spend INR 150 crore (USD 20 million) in the coming six months in its EV business, as it seeks to ramp up technology and ...

Read More >>
Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest
  Author: Mateen Dalal

Doccla, a healthcare startup focused on virtual ward technology, has raised $3.3 million in a seed investment round led by Speedinvest and Giant Ventures. According to the firm, the...

Read More >>
Dialpad, TelcoDataCloud to extend cloud communication in Australia
  Author: Pankaj Singh

Dialpad Inc., a leading name in AI-led communication and collaboration, has joined hands with TelcoDataCloud – an independent telecom service and consultancy company. Through ...

Read More >>
UKG allies with Microsoft to improve employee engagement solutions
  Author: Mateen Dalal

Ultimate Kronos Group (UKG), a leading provider of human capital management, HR service delivery, payroll and workforce management services and solutions, has expanded its collaboration with tech giant- Microsoft Corpo...

Read More >>
Gatik raises $85Mn to expand autonomous delivery truck operations
  Author: Mateen Dalal

Gatik, a company that focuses on short-haul, business-to-business (B2B) logistics for the retail industry, has recently secured $85 million in a Series B round headed by Koch Disruptive Technologies, the venture arm of...

Read More >>
Finance startup OTO Capital bags $6Mn in a Series A funding round
  Author: Mateen Dalal

Automotive financing startup, OTO Capital has raised $6 million in a Series A funding round led by Matrix Partners India. The round included some existing and new investors like Bet...

Read More >>
Just Eat to offer 1,500 new job openings at its Sunderland office
  Author: Mateen Dalal

British online food order and delivery service, Just Eat have recently revealed plans to open a customer care center in northeast England, employing 1,500 people and retaining jobs back from India and Bulgaria. ...

Read More >>
Toutche Electric seeks to invest $15Mn to ramp up e-bike production
  Author: Pankaj Singh

Toutche Electric, a manufacturer of electric bikes in India, has recently unveiled plans to invest approximately $15 million in the coming 2-3 years for speeding up the manufacturing of its electric bikes. ...

Read More >>
Data exchange platform InfoSum banks $65Mn in Series B funding
  Author: Pankaj Singh

InfoSum, a New York-based startup that offers decentralized platform for secure data exchanging, has successfully closed a $65 million Series B funding round directed by Chrysalis Investments, bringing the company'...

Read More >>
Wipro team ups with IP Infusion to innovate IP & optical networks
  Author: Vikas M

Wipro, an Indian multinational corporation that provides IT, consulting & business process services, has recently announced its partnership with IP Infusion, a frontrunner in disaggregated network solutions. Under ...

Read More >>
StockGro secures $5Mn in pre-Series A round to expand operations
  Author: Vikas M

Indian fintech startup- StockGro has bagged USD 5 million during a pre-Series A funding round led by Velo Partners and Roots Ventures. As per an official statement by the company, it will use the raised capital to expa...

Read More >>
Prevail Electric Mobility to set up new EV production plant in India
  Author: Pankaj Singh

Prevail Electric Mobility, a subsidiary of French firm FRVelion, has devised plans to open a manufacturing site in India for e-scooters production to satisfy country’s demand for EVs as well as to cater to other ...

Read More >>
Neuralink secures $205Mn funding from Google Ventures, others
  Author: Vikas M

Neuralink, the brain-chip company founded by Tesla CEO Elon Musk, has raised $205 million in a funding round directed by Vy Capital, a venture capital firm based in Dubai, as well as participants like Alphabet Inc.'...

Read More >>
Baby nutrition firm ByHeart nabs $90Mn in Series B funding round
  Author: Mateen Dalal

ByHeart, a fully integrated infant nutrition company, has reportedly secured $90 million in Series B funding which the company plans to use for the launch of its baby formula and support the development of its pip...

Read More >>
Unacademy takes over live game streaming platform Rheo TV
  Author: Pankaj Singh

Unacademy, an Indian educational technology company, has recently announced the purchase of Rheo TV, a live game streaming platform focused on making professional game streaming a mainstream career choice in India...

Read More >>
Byju's acquires Epic to strengthen footprint in North America
  Author: Pankaj Singh

Byju's, a major Ed-tech company based in India, has reportedly taken over Epic, a US-based digital reading platform for kids, in a $500 million deal, with plans to enter the lucrative international market. ...

Read More >>
Adevinta Ventures backs Lovys's Series A follow-on investment round
  Author: Mateen Dalal

Adevinta Ventures, an investment arm of Adevinta, has announced its investment in French insurance service provider ‘Lovys’, marking as its first investment in France in the Fintech and Insurtech sector....

Read More >>
Indian EV startup eBikeGo expands fleet to 2,100, hires 70 employees
  Author: Mateen Dalal

The company is aiming for achieving a 2% share in the Indian electric two-wheeler market, with plans to deploy 200,000 e-scooters across 100 cities eBikeGo, an elec...

Read More >>
AllCloud buys Integress to expand cloud services in North America
  Author: Mateen Dalal

AllCloud- a professional cloud service provider has reportedly announced the purchase of Integress- a data analytics entity that provides business intelligence solutions to customers in various industries from financia...

Read More >>
Chicago-based 86 Repairs raises $7.3 million in a new funding round
  Author: Pankaj Singh

86 Repairs, a Chicago-based restaurant tech company, has recently announced securing additional $5.3 million from investors including MATH Venture Partners, TDF Ventures, Revolution, Cleveland Avenue and Gordon Food Se...

Read More >>
Vistar Media raises $30Mn in latest Series B financing round
  Author: Mateen Dalal

Vistar Media, an end-to-end programmatic technology provider for digital out-of-home media, has recently announced raising $30 million in Series B funding round led by Lamar Advertising Company. The investment supports...

Read More >>
Dangote Cement acquires 2,000 trucks to enhance distribution network
  Author: Mateen Dalal

Dangote Cement Plc, a multinational publicly traded cement manufacturer based in Lagos, Nigeria, has rolled out over 2,000 trucks for distribution services. With this move, the firm will address the challenges associat...

Read More >>
Sequoia-backed marketplace Moglix acquires e-commerce firm Vendaxo
  Author: Mateen Dalal

Moglix, a India-based e-commerce platform for industrial products, has reportedly acquired Vendaxo, a platform designed to allow buying and selling of used machinery. With this acquisition, Moglix plans to provide manu...

Read More >>
Honda mulls price hike on vehicles in India following high input costs
  Author: Mateen Dalal

Japanese automaker, Honda has recently hinted plans to increase the price of its vehicle models in India. As per company officials, starting next month, prices of their vehicles will be increased to counter the impact ...

Read More >>
Secret Sales looks to expand with €10Mn in Series A funding round
  Author: Mateen Dalal

Secret Sales, a UK-based discount fashion and beauty platform, has raised €10 million (£8.5 million) in a Series A funding round led by Perwyn Growth Capital, a family-owned private equity and growth capital...

Read More >>
Adani Ports aims to attain 500Mn ton cargo throughput by 2025
  Author: Mateen Dalal

India's largest private multi-port operator, Adani Ports and Special Economic Zone (APSEZ) has recently indicated plans to extend its port cargo and focus on logistical services to grow the volume of its revenue st...

Read More >>
Jio and Google Cloud collaborate to optimize 5G technology in India
  Author: Vikas M

Reliance Jio Infocomm (Jio), a telecommunications company, and Google Cloud Platform have reportedly entered a comprehensive, long-term strategic partnership deal. This business collaboration has been inked in an effor...

Read More >>
Airtel and Tata Group team-up to compete Jio’s 5G technology
  Author: Mateen Dalal

Bharti Airtel and Tata Group have entered into a strategic partnership to challenge Jio's ‘made-in-India’ 5G technology. The two companies are focusing on deploying 5G radio and core solutions, bas...

Read More >>
Samsung rolls out its expanded 2021 Odyssey gaming monitor range
  Author: Pankaj Singh

Samsung Electronics, one of the leading players in the gaming monitor market, has reportedly announced the commercial launch of its expanded 2021 lineup of Odyssey gaming monitor. Following the launch of its curve-shap...

Read More >>
Quidnet partners with ERA on transformative energy storage resource
  Author: Vikas M

Quidnet Energy and ERA (Emissions Reduction Alberta), launched an ambitious project using modular pumped hydro storage technology to develop a multi-gigawatt (GW), ultra-low-cost geologic energy-storing resource in&nbs...

Read More >>
PwC announces ‘New Equation’ strategy to create 100,000 jobs
  Author: Mateen Dalal

U.K based-PricewaterhouseCoopers or PwC has announced a new global strategy-The New Equation, which will see the company spend nearly USD 12 billion over a span of five years to create nearly 100,000 job roles across 1...

Read More >>
Wind River Studio to deploy Europe’s first Open RAN for Vodafone
  Author: Mateen Dalal

Vodafone has apparently chosen Wind River Studio for building the first commercial Open RAN in Europe. It is speculated to be one of the largest in the world. The British telecom company has plans to expand the Open RA...

Read More >>
Amway announces Rs 170 crore investment in India over 2-3 years
  Author: Pankaj Singh

Nutraceuticals giant, Amway, has reportedly made it to the front page following its recent announcement of investing a whopping Rs 170 crore in the Indian sub-continent over the next 2 to 3 years, in an attempt to boos...

Read More >>
Virgin Media O2 officially launches in the UK, to invest £10Bn in 5G
  Author: Mateen Dalal

Telecommunication giants- Virgin Media and O2’s USD 44 billion combined firm ‘Virgin Media O2’ (VMO2) has officially been launched, combining phone, TV, broadband, and mobile network businesses from b...

Read More >>
Huayou, EVE Energy team up to realize a $2.08B Indonesia nickel project
  Author: Mateen Dalal

China headquartered- Huayou Cobalt Co., one of the leading suppliers of cobalt in the world, has reportedly made it to the front page following its union with EV maker EVE Energy and others to furnish and develop a USD...

Read More >>
GEICO, Tractable join forces to accelerate accident recovery with AI
  Author: Mateen Dalal

Government Employees Insurance Company (GEICO), one of the United States leading auto insurers, has announced establishing strategic partnership with Tractable, an AI company offering services to P&C insurers, manu...

Read More >>
JuiceBar collabs with NZM Solutions to expand EV charging infrastructure
  Author: Mateen Dalal

U.S.-based EV charging station manufacturer, JuiceBar® has reportedly partnered with NetZero Microgrid Solutions (NZM Solutions). Commenting on the newly formed alliance, JuiceBar CEO & President, Paul Vosper, ...

Read More >>
HCL Technologies employs 1,000 tech professionals in the UK
  Author: Pankaj Singh

The recent hiring validates HCL’s commitment to the UK for accelerating innovation and generating digital talent pools in the region Indian IT conglomerate, H...

Read More >>
PayPal buys Happy Returns to strengthen reverse logistics system
  Author: Mateen Dalal

U.S. based digital payments platform, PayPal, an online payment system entity has announced the purchase of Happy Returns- a returns solution firm that provides online buyers access to simplified ways to return unwante...

Read More >>
Toyota and ENEOS team up to develop hydrogen fuel-cell system in Japan
  Author: Pankaj Singh

Japanese automotive giant, Toyota has reportedly tapped Japanese oil & energy corporation, ENEOS, to explore the field of hydrogen-based power to help with the development of a hydrogen fuel-cell system that would ...

Read More >>
KPI Global secures 12.5 MW captive solar project from Anupam Rasayan
  Author: Pankaj Singh

Gujarats leading solar power generating company, KPI Global, has recently announced receiving an order for building a 12.5 megawatts solar project under the captive power producer capacity from Surat-headquartered Anupam Rasayan India. It ...

Read More >>
Mashcor launches new independent search engine for the Afrotech sector
  Author: Mateen Dalal

Mashcor, a leading South African digital agency, has reportedly announced the launch of Africa’s first indigenous search engine. The new search engine has been specifically designed to connect the region’s rapidly expanding tech sector...

Read More >>
VMware plans to acquire Nyansa to expand its SW-WAN portfolio
  Author: Pankaj Singh

  The deal for the acquisition will close in the first quarter of the FY2021 The terms of the deal have not been disclosed by the comp...

Read More >>
Accenture opens innovation center in South Beach Road office
  Author: Mateen Dalal

Accenture, an Irish multinational professional services company, has recently opened a global innovation center within the Accenture’s office at South Beach Road, which is supported by EDB (Economic Development B...

Read More >>
CBTS joins forces with Hawaiian Telcom to support enterprise clients
  Author: Mateen Dalal

CBTS, one of the leading companies delivering cloud, communications, consulting, and infrastructure solutions to clients across North America, has reportedly partnered with Hawaiian Telcom to support its enterprise con...

Read More >>
Rogers Communications launches 5G network services across Canada
  Author: Pankaj Singh

  The network will first be implemented in Toronto, Vancouver, Montreal and Ottawa Rogers has collaborated with Ericsson to provide th...

Read More >>
Elvie launches Insights app feature for its wearable breast pumps
  Author: Pankaj Singh

Elvie, a UK-based health & lifestyle brand, focused upon innovating smarter technology for women recently announced the launch of its Insights app feature for Elvie Pump, which is the quietest, lightest and smalles...

Read More >>
CoinEx Chain Foundation launches community development Support Program
  Author: Mateen Dalal

The CoinEx Chain Foundation has reportedly announced the launch of its Support Program, that is designed to lend support to institutions and individuals and to encourage community development. ...

Read More >>
AgraFlora announces acquisition of outstanding shares of Sanna
  Author: Mateen Dalal

  Under the agreement terms, the company is required to pursue the acquisition of 100% of Sanna’s outstanding shares. The acquis...

Read More >>
EESL & REIL acquire substantial orders for EV charging stations
  Author: Mateen Dalal

Rajasthan Electronics & Instruments Ltd, a state-owned prominent leader in electronics industry and Energy Efficiency Services Ltd, a joint venture of state-owned NTPC LTD, POWERGRID, Power Finance Corp., and Rural...

Read More >>
Cal-Maine Foods acquires egg production assets of Mahard Egg Farm
  Author: Pankaj Singh

The acquisition would strengthen Cal-Maine’s presence across Texas and southern Oklahoma.  It will include purchase of commercial shell ...

Read More >>
Sony gains ownership of Game Show after buying minor stake in AT&T
  Author: Pankaj Singh

Japanese multinational conglomerate, Sony Corporation SNE recently sealed a transaction of USD 500 million to acquire AT&T’s T minority stake in GSN (Game Show Network). The newly made move is Sony’s concerted effort to focus more ...

Read More >>
Lineage Logistics acquires Emergent Cold to strengthen market presence
  Author: Mateen Dalal

The acquisition would strengthen Lineage’ strategic presence across Asia-Pacific.   It will also add 46 facilities in Australia, United States, Sri Lanka, Vietnam and New Zealand....

Read More >>
Symphony partners with Tencent to ease business connectivity on WeChat
  Author: Pankaj Singh

  The collaboration is claimed to be one of a kind as it will bring together two main global communities Symphony users will be allowe...

Read More >>
RigNet enters into strategic agreement with BP for Intelie Live
  Author: Mateen Dalal

Intelie Live facilitates visualizations for internal teams to offer real-time operating condition across a broad range of configurations and equipment type.  R...

Read More >>
Zoetis acquires veterinary diagnostic service provider Phoenix Lab
  Author: Mateen Dalal

Zoetis acquires veterinary diagnostic service provider Phoenix Lab The global veterinary diagnostics market, including point-of-care diagnostics and reference labor...

Read More >>
Fiat Chrysler and PSA Group amid talks for a potential merger
  Author: Mateen Dalal

Factors like global economic slowdown as well as increasing shift towards autonomous driving and electrification has forced automakers to join forces and share expenses for product R&D and manufacturing. ...

Read More >>
Databricks secures $400 Million from its Series F funding round
  Author: Pankaj Singh

Databricks is one of the leading Unified Data Analytics companies that helps firms to organize their data for analytics, implement data-driven decisions and empower data science. It has a rich portfolio of global custo...

Read More >>
Alarm.com acquires majority stakes in U.S.-based software firm OpenEye
  Author: Pankaj Singh

The cloud-based video services market (also known as Video-Surveillance-as-a-Service (VSaaS)) is expanding at a significant pace as legacy solutions shift to cloud-centric architectures. According to IHS Markit report,...

Read More >>
Sartorius buys Danaher’s life sciences tools businesses for $750 Mn
  Author: Pankaj Singh

Global life sciences tools market is projected to witness substantial growth in the forthcoming years owing to their advancements and usage in the biotechnology sector. The growing prominence of the field and the subse...

Read More >>
ASM announces launch of Checksome™ to advance patient safety
  Author: Mateen Dalal

Blockchain has grown to become an ingenious invention and has built the backbone for a new type of internet, which is originally devised for digital currencies and bitcoin. However, several tech companies have found ot...

Read More >>
Computer Aided Technology finalizes the purchase of Fisher Unitech
  Author: Pankaj Singh

3D printers play an vital role in creating complex prototype models especially for applications across the automobiles and aircraft industry. Several companies have started to embrace 3D printer while others have ...

Read More >>
DISH Network inks Multi-Year Carriage Agreement with Fox Corp.
  Author: Mateen Dalal

Sports channels are one of the few types of TV broadcasts that people prefer live. No channel is more vital to sports fans than a regional sports network that views their favorite teams. However, a dispute emerged rece...

Read More >>
FreightCar America forms new railcar production JV with Fasemex
  Author: Mateen Dalal

Despite ongoing geopolitical tensions, Mexico is still the primary trading partner for the United States. Owing to the wide-scale presence of skilled and affordable workforce, Mexico is ideal for enterprises looking to...

Read More >>
Westlake to advise Frontier Energy on its takeover of Energy Insight
  Author: Pankaj Singh

Energy efficiency is becoming a point of focus for several companies operating across the world. Various firms worldwide are turning towards energy efficiency consulting companies to efficiently manage the energy they ...

Read More >>
Ford to launch eight new electric vehicles across Europe this year
  Author: Mateen Dalal

Electric variants of the company’s Puma and Kuga SUVs as well as the Mondeo sedan will be the new launches in Europe.   The compa...

Read More >>
Shopify buys 6 River Systems for $450M to grow its fulfillment network
  Author: Pankaj Singh

Acquisition of 6 River Systems seems to be an attempt to accelerate the growth in delivery of daily packages. The deal would further expand the rea...

Read More >>
Coca-Cola Amatil unifies its alcohol, coffee & soft drinks businesses
  Author: Mateen Dalal

The company’s Australian business will return to growth in 2020 and will likely help realize its mid-single-digit profit growth targets. Coca-Cola Amatil...

Read More >>
Prudential plans to acquire U.S. based tech startup Assurance IQ
  Author: Mateen Dalal

The insurance company has signed a deal with Assurance IQ for $2.35 billion and is willing to pay extra $1.15 billion in equity and cash. Prudential Financial, Inc....

Read More >>
Pathmatics expands social ad data coverage to UK, Germany markets
  Author: Pankaj Singh

Ad tracking firm Pathmatics has reportedly announced its plan to expand its data coverage of social advertising to Germany and the United Kingdom, by launching its flagship product Pathmatics Explorer in the regions....

Read More >>
Carl’s Jr. to launch plant-based Beyond Famous Star® burger in Canada
  Author: Pankaj Singh

The burger features Beyond Meat’s 100% plant-based patty to be cooked in Carl’s Jr.’s char broiler Carl’s Jr., an American fast food restaur...

Read More >>
Automation Anywhere to invest $100 million to drive company expansion
  Author: Pankaj Singh

Automation Anywhere has received a total investment of approximately $550 million.   Automation Anywhere has 70% market share in Global...

Read More >>
IBM’s AI cybersecurity platform Watson now available for Indian firms
  Author: Pankaj Singh

IBM has reportedly started the provision of their AI powered platform Watson, to detect and resolve cybersecurity threats faced by organizations in India. Cybercrime has become a massive source of organized crime in the 21st century, in In...

Read More >>
Amazon inaugurates its largest campus in the world in Hyderabad
  Author: Pankaj Singh

The new facility will be the only Amazon-owned campus which is outside of the US Amazon, the global e-commerce giant has recently opened its latest campus in Hydera...

Read More >>
Standard Chartered & SAP Ariba team up to simplify financial solutions
  Author: Pankaj Singh

The partnership is planned to boost digitalization of whole supply chain, improving accuracy, transparency and efficiency for suppliers and buyers alike.   ...

Read More >>
MoA Technology targets herbicide resistance crisis & raises $8 million
  Author: Mateen Dalal

MoA Technology has created three platforms: MoA SELECTTM, MoA TARGETTM and MoA GALAXYTM, which would work together for effective herbicide creation.  ...

Read More >>
Amazon India unveils Marketplace Appstore to offer business solutions
  Author: Mateen Dalal

The platform would allow sellers to search for applications that help them automate, grow and manage their business as well as connect developers with retailers. E-...

Read More >>
SSE in discussion with Ovo to sell its energy business in UK
  Author: Pankaj Singh

SSE has also been fined £700,000 by Ofgem due to its inability to meet target smart gas meter installation in the previous year.   ...

Read More >>
Kohlberg & Co. to merge Bemis® Healthcare Packaging with Nelipak
  Author: Pankaj Singh

Bemis® will be incorporated with Nelipak and jointly operate under the Nelipak® Healthcare Packaging brand. Nelipak® Corporation, Inc., a company that f...

Read More >>
MJH Associates rebrands to MJH Life Sciences to strengthen its brand
  Author: Pankaj Singh

Agency services and multimedia operations would be combined under the new MJH Life Sciences. MJH’s recent acquisition of UBM Life Sciences as...

Read More >>
U.S. National Telemedicine debuts telehealth service DocTalkGo
  Author: Mateen Dalal

DocTalkGo is a third-party tool which provides various telemedicine healthcare options in the U.S. Sole telemedicine weight loss entity of U.S. has recently launche...

Read More >>
nVent to acquire Eldon Enclosures business for USD 130 million
  Author: Mateen Dalal

nVent plans to augment digital and modular capabilities to provide customers with customizable solutions with the new acquisition. UK-based nVent Electric company, ...

Read More >>
Punch Technologies, Johnson Controls to make safety communication tech
  Author: Pankaj Singh

Johnson Controls will be the exclusive vendor of PunchAlert, developed by Punch Technologies. North Carolina-based software company, Punch Technologies, Inc. and Jo...

Read More >>
Copyright claims and audience growth are biggest challenges faced by YouTube creators
  Author: Pankaj Singh

With 58% of YouTube creators admitting to being hit by a copyright claim, and the adoption of Article 13 (now 17) – European legislation designed to limit certain types of content shared online – the fight ...

Read More >>
Motorola Solutions buys WatchGuard to expand video security portfolio
  Author: Mateen Dalal

WatchGuard’s solutions allow law enforcement users to manage high-quality video evidence Motorola Solutions, Inc., the US based data communications and teleco...

Read More >>
Froneri to acquire Noga Ice Creams from Nestle owned Osem Group
  Author: Mateen Dalal

Though financial details about the deal have not been disclosed, experts opine that it will amount to tens of millions of euros. Froneri, the renowned ice cream man...

Read More >>
Accenture to partner with Mujin on digital transformation of logistics
  Author: Mateen Dalal

The companies will combine their solution and insights to improve manufacturing productivity Accenture, a multinational services company, recently announced that it...

Read More >>
Fushida teams up with Hero Cycles for cycle valley project in India
  Author: Mateen Dalal

The Hero Cycles project is scheduled to start manufacturing operations from October 2020 Global bicycle giant Fushida Group has recently announced its partnership with ...

Read More >>
Delta Air Lines buys 4.3% interest in Korean Air’s owner Hanjin Kal
  Author: Mateen Dalal

The agreement is strategically important for Delta to expand outside the U.S. market Delta, a major American Airline, recently announced that it has acquired a 4.3%...

Read More >>
Peraton to acquire innovative IT solutions provider Solers Inc.
  Author: Mateen Dalal

Virginia-based Peraton, a defense and intelligence contractor owned by private equity firm Veritas Capital, reportedly announced that it has signed a definitive agreement to acquire Solers Inc., a leading provider of s...

Read More >>
Coinbase expands its cryptocurrency debit card to 6 more EU countries
  Author: Mateen Dalal

Users are able to spend cryptocurrencies such as Ethereum, Litecoin and Bitcoin in any store or online platform where merchants accept Visa Coinbase, a California b...

Read More >>
Eve & Co confirms second German supply deal for sale of dried cannabis
  Author: Mateen Dalal

It expects to begin shipments following the estimated Q2 2019 completion of its 780,000 square foot greenhouse extension Eve & Co has recently announced that Na...

Read More >>
CA-based XStream Trucking bags $10.5 million in Series A funding
  Author: Mateen Dalal

The investment will be used to enhance XStream’s ability to deliver better fuel-efficiency to the U.S. trucking industry by means of innovative hardware & software solutions. ...

Read More >>
TaniGroup raises $10M in a funding round led by Openspace Ventures
  Author: Mateen Dalal

TaniGroup runs an agriculture marketplace called TaniHub, and peer-to-peer lender named TaniFund. Indonesia-based TaniGroup has reportedly raised $10 million in Se...

Read More >>
Mastercard Lyft tie up to strengthen economic security of drivers
  Author: Pankaj Singh

Mastercard, the financial services company announced an expanded partnership with a U.S. based transportation network company, Lyft, to bring tools to Lyft drivers for their growth in the ever-changing scenario of the ...

Read More >>
JD.com invests $55 million to foster connected vehicle fleets
  Author: Mateen Dalal

The launch of logistic service has begun to reap early rewards regarding cost saving. The long-time rival of Alibaba and Amazon, JD.com, has reportedly announced to...

Read More >>
Vodafone to sell NZ business to Infratil Brookfield in US$2.36B deal
  Author: Mateen Dalal

Vodafone is seeking to consolidate its businesses in New Zealand and Australia It had tried to sell Vodafone NZ to satellite TV provider...

Read More >>
SK Telecom partners with Microsoft on 5G, AI and cloud technologies
  Author: Mateen Dalal

Microsoft and SK Telecom have reportedly signed a business partnership in February for cooperation in the smart factory business. SK Telecom recently announced that...

Read More >>
SoftBank set to invest in the UK-based financing group Greensill
  Author: Pankaj Singh

Softbank Vision Fund, the subsidiary of SoftBank Group Corp, is reportedly planning to invest in Greensill Capital, a UK based firm that specializes in supply chain finance. As per reliable sources, the investment will value Greensill at $...

Read More >>
Sinclair to buy 21 Disney Sports networks in a deal worth over $10bn
  Author: Mateen Dalal

Sinclair Broadcast Group, the American telecommunications giant, has reportedly reached a deal worth over $10 billion in order to purchase as many as 21 regional sports networks from the entertainment conglomerate, The...

Read More >>
BASF, Qatargas ink technology license deal for new LNG trains in Qatar
  Author: Mateen Dalal

BASF aims to support Qatargas in achieving its sustainability targets by offering its technologies Gas treatment and gas removal technology play a vital par...

Read More >>
Vattenfall, Boliden ink deal for electrification of mines, smelters
  Author: Mateen Dalal

The companies will develop business solutions that include solar panels, batteries, recycling of new generation car batteries and electric transport Reports confirm...

Read More >>
WatchGuard establishes office in Noida, India to expand R&D operations
  Author: Mateen Dalal

This office signifies the latest investment from the company into its aggressive IT Development initiatives   An important focus for it...

Read More >>
NuMSP announces acquisition of Corporate Technologies Boise business
  Author: Mateen Dalal

The company is looking to provide services nationwide with efficient scale and resources to deliver advanced IT services to SMBs NuMSP, one of the leading national ...

Read More >>
Bettcher Industries to buy renowned manufacturing company Cantrell
  Author: Mateen Dalal

Bettcher Industries Inc. has reportedly announced its acquisition of the U.S.-based Cantrell, which manufactures equipment & systems for the poultry-processing industry. Apparently, Bettcher Industries looks to off...

Read More >>
Avaya deliberating over leveraged buyout offer that values it at $5Bn
  Author: Pankaj Singh

The proposed acquisition offer comes approximately 15 months after the company emerged from a bankruptcy protection.   The company has ...

Read More >>
Vietnams FastGo expands into Singapore’s ride-hailing market
  Author: Mateen Dalal

The startup will offer cheaper ride fares than its rivals and will not charge surcharges during peak hours in the country. Vietnamese ride-hailing startup, FastGo h...

Read More >>
Wayland, International Cannabis in talks to sign a purchase agreement
  Author: Pankaj Singh

Both the companies are nearing conclusion of their strategic reviews and expecting to enter into a definitive purchase agreement   The ...

Read More >>
SoftBank plans to invest $10m in Swedish solar technology firm Exeger
  Author: Pankaj Singh

SB Energy Corp will be supporting the global rollout process of Exeger’s technology and products SoftBank Group will hold the right to nominate a dire...

Read More >>
SoftBank invests in a new USD 400m European tech fund of Mubadala
  Author: Mateen Dalal

Mubadala would use the fund to invest between USD 5 million and USD 30 million in European technology startups Japans conglomerate SoftBank Group has reportedly announc...

Read More >>
Autonomous truck enterprise TuSimple raises almost $100M in Series D
  Author: Pankaj Singh

TuSimple will use the funding to expand its self-driving truck fleet. Renowned self-driving truck company TuSimple has made it to the headlines for having successfu...

Read More >>